TBC UZ on LinkedIn: Exclusive: Uzbekistan mobile bank TBC raises $38.2M to expand its…

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Summary

This investment marks the largest tranche to date, following previous injections totaling US$ 130 million, showcasing our shareholders commitment to our mission. The latest investment includes: US$ 23 million from TBC Bank Group PLC, our parent company. Strengthening our capital position, this funding will enable us to accelerate our profitable growth and solidify our standing as the leading digital banking ecosystem in Central Asia. We are firing on all cylinders, ready to expand our business, and excited to launch new products and services for our fast-growing customer base. Thank you to our shareholders for their continued support as we strive to revolutionise digital banking in Uzbekistan, and to TechCrunch for covering this milestone!

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